European venture capital fund

Ugly Duckling Ventures Fund II

Ugly Duckling Ventures Fund II is a Copenhagen-based venture capital fund managed by Ugly Duckling Ventures. €35m reported at close (stage not stated) (source published May 2026).

Back early-stage, technology-based Nordic startups, with most capital going to Danish companies.

Status
Closed (type n/s)
Reported amount
€35m
Manager
Ugly Duckling Ventures
Headquarters
Copenhagen, Denmark
Stages
Pre-Seed, Seed
Sectors
B2B Software, Health & Bio
Investment geography
Nordics
Source published
May 2026

Amounts come from the linked public source. A first close is not the final fund size, and a reported close does not confirm that the fund is investing now. Headquarters describe where the manager is based, not where it invests.